Bin Taxes and Planning Laws to Be Ditched by Coalition
THE SUNDAY TELEGRAPH: A raft of Labour laws which have been criticised for penalising Middle England will be consigned to the scrap heap by the new Government this week.

Bin taxes will be ditched, along with laws allowing developers to build on back gardens, as the Coalition embarks on a bonfire of "meddling" legislation.

Ministers will say they are scrapping controversial Labour proposals to allow local authorities to charge for household rubbish collections or fine those who fail to cut their waste.

And in a major review of planning law, back gardens will no longer be classified as "brownfield" land which can be built on.

The Government will also announce that it is getting rid of a requirement on builders to squeeze more smaller homes onto new housing developments, after complaints that the rule leads to overcrowding.

The shake-up follows years of campaigns, including one in this newspaper against proposed refuse taxes, and is clearly aimed at pacifying core Conservative voters. >>> Melissa Kite and Richard Gray | Sunday, June 06, 2010

UK Credit Rating Set for Downgrade Under Lib-Lab Deal, City Analysts Warn
THE GUARDIAN: Lab-Lib government the least liked option by markets and would almost guarantee a downgrade of UK debt – BNP Paribas

Britain would most likely suffer an expensive and potentially damaging downgrade to its debt rating if the Liberal Democrats form a coalition with Labour, City analysts warned today amid ongoing uncertainty about the creation of a new government.

As the Institute of Directors called on political parties to focus on the economy rather than the need for electoral reform, analysts at BNP Paribas reckoned that a "Lab-Lib government is the least liked option by markets and would almost guarantee a downgrade of the UK sovereign [debt]".

The top-notch AAA debt rating that the UK currently holds ensures that the country achieves the most competitive rates when raising money on the financial markets. If the rating is cut then the country would be forced to pay more to borrow money - although it has a long way to fall before reaching the junk status assigned to Greece, the recipient of a €110bn (£94bn) bailout package from the International Monetary Fund and eurozone countries. >>> Jill Treanor | Tuesday, May 11, 2010